SYDNEY (Reuters) -Large parts of Australia on Saturday sweltered under heat wave conditions that prompted the nation’s weather forecaster to issue bush fire warnings in several states. In New South …
Australia
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Australia central bank to get power to take over distressed clearing and settlement providers
by ReutersBy Lewis Jackson SYDNEY (Reuters) – Australia will give its central bank new powers to take over and if necessary, wind up, clearing and settlement providers at risk of failure, …
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By Renju Jose SYDNEY (Reuters) – Residents of tourist towns in Australia’s northeast on Thursday braced for flash flooding after Tropical Cyclone Jasper tore through the region, uprooting trees, leaving …
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(Reuters) – Virgin Australia has reached a cabin crew pay deal with unions that had called for strikes ahead of the busy end-of-year travel season, the airline said on Thursday. …
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SYDNEY (Reuters) – Australia’s government expects a much improved budget bottom line this year as revenues outpace forecasts, but is resisting calls for more cost-of-living handouts to avoid inflaming inflationary …
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SYDNEY (Reuters) – Australia’s mid-year budget update will include about A$10 billion ($6.56 billion) in savings, official data showed on Tuesday, as the government looks to cut spending in a …
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SYDNEY (Reuters) – Australian business confidence fell to its lowest since the pandemic in November as sales and profits softened, a survey showed on Tuesday, while price pressures picked up …
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(Reuters) – An Australian workers union has filed a class action against McDonald’s local unit, alleging that the restaurant chain asked current and former employees to work before and after …
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By Kirsty Needham SYDNEY (Reuters) – Australia’s government on Friday welcomed signs that a U.S. defense spending bill which would authorise the sale of nuclear submarines to Australia is set …
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By Elisa Anzolin MILAN (Reuters) – Italian infrastructure group Mundys aims to strengthen its toll roads presence in the United States, Chile and Europe and is exploring expansion in India …
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By Renju Jose and Lewis Jackson SYDNEY (Reuters) -The Australian government on Wednesday urged the opposition to support legislation that would allow authorities to lock up former immigration detainees who …
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By Wayne Cole SYDNEY (Reuters) – Australia’s current account slid into deficit in the September quarter as prices for some commodity exports fell and locals spent more money abroad, leaving …
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By Wayne Cole SYDNEY (Reuters) – Australian business investment rose to an eight-year high in the September quarter thanks to a rebound in mining, while plans for future spending were …
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By Kirsty Needham SYDNEY (Reuters) – China has urged Australia to notify it of navy movements in the contested South China Sea and East China Sea, with a senior Chinese …
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SYDNEY (Reuters) – Australian retail sales unexpectedly slipped in October as consumers cut back on everything but food, though analysts believe many were merely saving some money to splurge on …
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(Reuters) – Airline operator Virgin Australia on Friday said it has added six Boeing MAX-8 aircraft to further expand its fleet and meet travel demand, taking its total order for …
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Safety of defence personnel ‘utmost priority’, Australia says after China warship incident
by ReutersNEW DELHI (Reuters) – The safety and wellbeing of Australian defence personnel is Canberra’s “utmost priority” and Australia expects all countries to operate militaries in a safe and professional manner, …
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By Kirsty Needham SYDNEY (Reuters) -Australia’s Prime Minister Anthony Albanese said a Chinese warship acted in a dangerous manner during an incident with an Australian navy vessel that injured a …
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By Lewis Jackson SYDNEY (Reuters) – Australia will on Thursday introduce two previously announced tax bills that will raise petroleum tax revenue and legislate the government’s response to a national …
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SYDNEY (Reuters) – Australia said on Wednesday China could lift all its remaining trade blocks by next month as relations between the commodity trade partners stabilise and after Prime Minister …
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By Lewis Jackson SYDNEY (Reuters) – Australia’s financial position will be more precarious and credit rating at risk should the government succumb to the temptation to spend the sovereign wealth …
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SYDNEY (Reuters) – Australia’s central bank on Friday warned there were risks of further upside surprises to inflation following its latest hike in interest rates, while also raising forecasts for …
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By Byron Kaye SYDNEY (Reuters) – For one talkback radio caller, the first sign something was wrong with Australia’s second-largest internet provider, Optus, came when her cat’s wifi-powered food dispenser …
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A look at the day ahead in European and global markets from Tom Westbrook: Bond markets have curbed a little of last week’s enthusiasm about a prospective peak in global …
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By Lewis Jackson and Rae Wee SYDNEY (Reuters) – Private credit lenders are increasing their footprint in parts of the Australian commercial property market, providing alternatives for borrowers as banks …